If I’m a supplier and I have a customer that owes me $100,000 that is past due more than 30 days, what should I do?
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If I’m a supplier and I have a customer that owes me $100,000 that is past due more than 30 days, what should I do?
They seem to be unwilling to pay me and I have found they owe several suppliers.
Asked on December 27, 2012 under Bankruptcy Law, Indiana
Answers:
S.L,. Member, California Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
You can sue the customer for breach of contract (account stated). Your damages (the amount of monetary compensation you are seeking in your lawsuit) would be the amount you are owed. After you obtain a judgment against the customer, you can enforce the judgment by a lien on the customer's property.
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